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HIGH liquidity, stronger currencies and robust domestic growth will keep Asian stock markets buoyant next year notwithstanding anticipated interest rate hikes and political concerns in certain parts of the region. Investor interest will also be shifting from cyclical I>beta/Istocks to those with long-term growth potential.
Standard Chartered plans to invest RM100mil over the next three years to enhance the current technology platform of its consumer banking business.
Diverging agendas between the developed and developing nations resulted in the failure of the World Trade Organisation (WTO) Ministerial Conference in Cancun, Mexico, two months ago. But, writes International Trade and Industry Minister Datuk Seri Rafidah Aziz, the outcome of the meeting should not be cause for despair. She explains why the trade talks collapsed and calls on the WTO to focus on areas where convergance of views exists.
DESPITE the downward trend in global prices, a global deflation crisis is still a low probability event, Public Bank said in the August 2003 issue of I>Public Bank Economic Review/I>.
Students in Hong Kong, Japan and South Korea rank among the world's best in Mathematics and Science, according to a 43-country survey published by the Organisation for Economic Cooperation and Development (OECD) and the UN Educational, Scientific and Cultural Organisation (Unecso).
THE noose is tightening on companies that use price or cost manipulations in transactions with related parties to #147;adjust#148; their tax bills following the introduction by the Inland Revenue Board (IRB) of sweeping new guidelines that could paralyse this practice.